Recap: Runway Gwth Fin Q4 Earnings
Portfolio Pulse from Benzinga Insights
Runway Gwth Fin (NASDAQ:RWAY) reported Q4 earnings with an EPS of $0.45, missing estimates by -8.0% against an expected $0.49. Revenue increased by $2.42 million from the previous year. The company had previously beaten EPS estimates in Q3 2023, leading to a 2.0% share price increase the following day.
March 07, 2024 | 9:50 pm
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NEUTRAL IMPACT
Runway Gwth Fin reported Q4 earnings with an EPS miss of -8.0%, but showed revenue growth from the previous year.
Despite missing the EPS estimate for Q4, RWAY showed revenue growth compared to the previous year. Historical data indicates that the company's stock price increased by 2.0% the day after beating EPS estimates in Q3 2023, suggesting that investors may still have confidence in the company's performance. However, the miss in the latest quarter introduces uncertainty, leading to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100